Condo Investment Properties in Foley, AL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Foley, AL

Why Invest in Foley, Alabama?

Foley, Alabama offers strong opportunities for condo investors seeking affordable entry into a fast-growing market near Gulf Coast beaches. With median home prices around $330K—far below coastal neighbors—condos provide accessible cash flow from tourism and retiree demand. Rental yields average 6-7%, supported by year-round events and short-term rental friendliness. Annual appreciation of 5-6% reflects steady population growth and infrastructure expansion. Investor-friendly zoning and low property taxes enhance long-term ROI in this accelerating suburb.

8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$1250/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
5.8%
1Y Appreciation

Frequently Asked Questions

Yes, condos in Foley offer solid rental yields from tourism and events, with prices 30-40% below Gulf Shores. Investor-friendly short-term rental rules and 5-6% appreciation make them attractive. Demand stays strong year-round due to festivals and retiree influx.

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